Search results
Results from the WOW.Com Content Network
In geology, a petroleum play, or simply a play, is a group of oil fields or prospects in the same region that are controlled by the same set of geological circumstances. [1] The term is widely used in the realm of exploitation of hydrocarbon-based resources.
Soaring energy prices and cheap valuations make this group attractive.
President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore ...
Haynesville gas production peaked at 7.2 billion cubic feet per day in November 2011. In January 2013 the formation produced 6.2 billion cubic feet per day, 9.3% of all the gas produced in the US. [15] The other members of the Haynesville Formation are also the source of oil and gas production.
According to some Credit Suisse calculations, Magnum Hunter Resources has aligned itself with some potentially lucrative oil and gas plays around the country. One that Motley Fool energy analyst ...
For premium support please call: 800-290-4726 more ways to reach us
US shale gas production in June 2011 was 21.6 billion cubic feet per day of dry gas. [21] Since then, shale gas production has increased, and by March 2015 was 41.1 billion cubic feet per day, almost double the June 2011 rate, and provided 55% of total US dry natural gas production. [22]
For premium support please call: 800-290-4726 more ways to reach us